With reference to the Exchange notice no. 20170223-44 dated February 23, 2017, Exchange notice no. 20170303-29 dated March 03, 2017 and Exchange notice no. 20180720-55 dated July 20, 2017, trading members are hereby requested to note that the securities as per attached Annexure shall be moved to their respective higher stages of GSM with effect from December 24, 2018 and shall attract following surveillance actions as per the provisions of GSM Framework published on February 23, 2017.

Stage

Surveillance Actions

I

Transfer to trade for trade with price band of 5% or lower as applicable

II

Trade for trade with price band of 5% or lower as applicable andAdditional Surveillance Deposit (ASD) of 100% of trade value to be collected from Buyer

III

Trading permitted once a week trading and ASD 100% of trade value to be deposited by the buyers (Every Monday)

IV

Trading permitted once a week trading with ASD 200% of trade value to be deposited by the buyers (Every Monday)

V

Trading permitted once a month trading with ASD 200% of trade value to be deposited by the buyers (First Monday of the month)

VI

Trading permitted once a month with no upward movement in price of the security with ASD 200% of trade value to be deposited by the buyers (First Monday of the month)

Further, trading members are requested to take adequate precautions while trading in the said securities, as the settlement shall be done on trade-to-trade basis and no netting off shall be allowed.

In case of any clarifications, members are requested to refer the FAQ as per the below link on GSM or contact 2272 1717/ 2272 8497/2272 5091.